Woodstock in the News
By Sun-Times Editorial Board
A growing number of beleaguered Illinoisans are putting up the titles to their cars to get emergency loans with an average annual interest of 234 percent.
By Ellyn Fortino
By Elizabeth Peace
A group of advocacy organizations have called on the NCUA to look into potentially predatory loans being offered by for-profit colleges to college students through credit unions.
By Dan Weissman
Homes that are underwater — mortgaged for more than they’re worth — represent a much smaller fraction of the housing market than they did a few years ago, according to a new report from RealtyTrac, a real estate data company. However, some parts of the country are doing much better than others.
A new report released by the Woodstock Institute shows that women in the Chicago area are almost 15% less likely to qualify for a mortgage then their male counterparts. This is generated questions across the industry about whether this data could be true for other locations.
By Allie Grasgreen
On Wednesday, the Obama administration will begin choking off the financial lifeline of for-profit colleges whose graduates can’t find well-paying jobs — and the move is likely to accelerate a wave of shutdowns for an industry taking assaults from all sides.
By Justin da Rosa
According to a report released by the Woodstock Institute Wednesday, women in Chicago are 14.5 percent less likely to qualify for a mortgage than men.
By Phil Hall
A new study covering home loan applications in the Chicago metro region points to a disparity between the number of men and women that receive a mortgage. However, the study’s sponsor is not rushing to declare a lethal case of Windy City gender discrimination.
Gender-based discrimination is alive and well, and may make it harder for some Chicago women to buy a home.
Discrimination, or Just a Lack of Data?